Question
QUESTION 6 An 18-year-old full-time student child who is claimed on the parents' tax return as a dependent is eligible for the child tax credit.
QUESTION 6 An 18-year-old full-time student child who is claimed on the parents' tax return as a dependent is eligible for the child tax credit. True False 1 points QUESTION 7 A single taxpayer, who is not a dependent on anothers return, not blind and under age 65, with income of $11,750 must file a tax return. True False 1 points QUESTION 8 If an unmarried taxpayer paid more than half the cost of keeping a home which is the principal place of residence of a nephew, who is not her dependent, she may use the head of household filing status. True False 1 points QUESTION 9 The maximum official individual income tax rate for 2018 is 39.6 percent, not including the Medicare surtax on net investment income. True False 1 points QUESTION 10 Which of the following is correct? a. A corporation is a reporting entity but not a taxable entity. b. A partnership is a taxable entity and a reporting entity. c. An individual is a reporting entity but not a taxable entity. d. A partnership is a reporting entity but not a taxable entity.
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